FOR SALE
$750,000 - $825,000

25 Walbrook Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
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Set conveniently between the coastal tracks of the ocean beach, and the pristine bay beaches, this charming 3 bedroom home is perfect for investors and renovators alike. This brick home stands tall on a 628 sqm (approx.) block, with the living space upstairs and a garage and storage area below. Step into a light-filled open plan living area with exposed timber beams, and functional kitchen. A central hallway leads to 3 well sized bedrooms, a bathroom and separate laundry. The backyard is spacious private, and a blank canvas ready for some imagination.
Not far from Blairgowrie Village, wineries, golf courses, Spas and all that the Peninsula offers, this location is highly regarded.
With a secure tenant on a lease until December 2025, this property offers the opportunity to purchase a property now, and renovate in the future.
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Property Details for 25 Walbrook Rd, Rye

25 Walbrook Rd, Rye is a 3 bedroom, 1 bathroom House with 3 parking spaces. The place is currently for sale with Hodges Rye.

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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2011 was 8,159 people. By 2016 the population was 8,423 showing a population growth of 3.2% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation. In 2011, 72.7% of the homes in Rye were owner-occupied compared with 71.6% in 2016.

Rye has 9,999 properties. Over the last 5 years, Houses in Rye have seen a 45.73% increase in median value, while Units have seen a 32.23% increase. As at 31 October 2024:

  • The median value for Houses in Rye is $1,030,203 while the median value for Units is $649,156.
  • Houses have a median rent of $590 while Units have a median rent of $480.
There are currently 91 properties listed for sale, and 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Rye.

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Rachael Holman
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